Hareem Shah Claims She Can Boost Pakistan’s Foreign Reserves as Caretaker Foreign Minister

Sun Aug 13 2023
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ISLAMABAD: Hareem Shah, a well-known TikTok personality, has made a bold assertion that she can increase Pakistan’s foreign reserves to $100 billion if appointed as the country’s caretaker foreign minister for six months. Shah shared her claim on X, formerly known as Twitter, accompanied by a picture of herself. While some social media users took the statement lightly, others expressed both skepticism and amusement.

In her tweet, Hareem Shah boldly stated, “If I am made the caretaker foreign minister of Pakistan for just six months, I will increase the foreign reserves of Pakistan from $8 billion to $100 billion dollars.” This pronouncement garnered various reactions from the online community, ranging from playful jest to cautious consideration.

https://twitter.com/_Hareem_Shah/status/1690327331926142976

The assertion came against the backdrop of recent political developments, including the dissolution of the National Assembly and the appointment of Senator Anwaarul Haq Kakar as the caretaker prime minister. The consensus on Kakar’s appointment was reached between outgoing Prime Minister Shehbaz Sharif and Leader of the Opposition Raja Riaz, with President Dr Arif Alvi endorsing their recommendation.

Senator Anwaarul Haq Kakar was the chairman of the Balochistan Awami Party (BAP) and is widely regarded for his intellectual acumen. Holding a Master’s degree in Political Science and Sociology, Kakar is an alumnus of the University of Balochistan.

Social Media Reacts to Hareem Shah’s Economic Assertion

Hareem Shah’s audacious economic claim sparked conversations about the role of economic experts and policymakers in driving financial growth. While the TikTok star’s statement was largely perceived as light-hearted, it nevertheless brought attention to Pakistan’s ongoing efforts to bolster its foreign reserves and promote economic stability.

As of July, the State Bank of Pakistan (SBP) reported that the nation’s total liquid foreign reserves stood at $14.06 billion, following financial support from entities such as the International Monetary Fund (IMF), the United Arab Emirates (UAE), and Saudi Arabia.

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